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CNN —Hannah Kobayashi’s disappearance remains a mystery as her family and friends desperately search for answers piecing together what happened to her and what may have led to her radio silence. Described as an artistic and creative soul, Hannah Kobayashi was headed to New York where she planned to take pictures at a DJ’s mid-November show in Brooklyn. Below is a timeline of the series of events after Kobayashi’s disappearance:November 8: Hannah Kobayashi flies from Maui to Los Angeles International Airport with plans to fly to New York City. The Los Angeles County medical examiner’s office rules his death a suicide. “After tirelessly searching Los Angeles for 13 days for Hannah, Ryan Kobayashi tragically took his own life,” the Kobayashi family said in a statement.
Persons: Hannah Kobayashi’s, piecing, Sydni Kobayashi, Hannah Kobayashi, Kobayashi, John F, LeBron, hasn’t, , Ryan Kobayashi, Hannah, Larie Pidgeon, Jim McDonnell, Kobayashi “ Organizations: CNN, Los Angeles International Airport, Kennedy International Airport, Taschen, Nike, Los Angeles Metro, Los Angeles Police Department, Police Locations: Hawaii, Maui, Los Angeles, New York City, New York, Brooklyn, Los, Grove, The Grove, Crypto.com, freckles, Los Angeles County, Angeles, L.A
AdvertisementOver the past few years, fears about toxic and inflammatory "seed oil" have taken over the internet. What seed oil is actually doing in our diet is more complicated than either side lets on. The seed oils under fire, aka 'the hateful 8'lacaosa/Getty ImagesFor centuries, people around the world have used local oils, some of which could be classified as "seed oils," derived from mustard seeds and flaxseeds. Advertisement"There are things that are way more important for you than to even think about seed oils," Mozaffarian said. AdvertisementBazinet said, while the jury is still out on seed oils, some people may want to take extra precautions.
Persons: it's, Robert F, Kennedy Jr, Trump's, Richard Bazinet, Predrag Popovski, Dariush Mozaffarian, Mozaffarian, Mozaffarian —, who've, veganism, Joseph Hibbeln, Hibbeln, Artemis Simopoulos, Simopoulos, Stuart Walmsley, fryer, Bazinet, you've, chia Organizations: Health, Human Services, University of Toronto, Food, Medicine Institute, Tufts University, National Institutes of Health, Business, Michelin, Shake, Getty Locations: Eastern, Canada, Chipotle, China
SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle’s development. Pushing the envelopeSpaceX has flown the full Starship rocket system on six spaceflight tests so far since April 2023, at a steadily increasing cadence. The company said on its website that it made hardware upgrades to the rocket’s booster for improved redundancy and improved structural strength. The Starship system is designed to be fully reusable and aims to become a new method of flying cargo and people beyond Earth. Fully stacked on the Super Heavy booster, Starship stands 397 feet tall and is about 30 feet in diameter.
Persons: Elon Musk’s, Donald Trump, Trump, SpaceX’s, Musk Organizations: SpaceX, Federal Aviation Administration, Super Locations: Brownsville , Texas, Gulf, Mexico, Florida
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump talks with Elon Musk (right) during UFC 309 at Madison Square Garden. MandatoryPresident-elect Donald Trump will attend Tuesday's launch of the SpaceX rocket Starship with company CEO Elon Musk. Trump has tapped Musk to co-lead a Department of Government Efficiency — DOGE — with former Republican presidential contender Vivek Ramaswamy. Tuesday's launch at SpaceX's Starbase site in Boca Chica will be the sixth for Starship, the largest rocket ever built. Sen. Ted Cruz, R-Texas, also plans to attend Tuesday's launch, NBC News has learned.
Persons: Donald Trump, Elon Musk, Musk, Trump, , Vivek Ramaswamy, Sen, Ted Cruz, Cruz Organizations: Elon, UFC, Madison, SpaceX, Republican, Department of Government, Trump, NBC, Starship, NBC News, Senate, Committee Locations: New York, NY, USA, Lago, Florida, Boca Chica, Texas
SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle's development. There are not any people on board the Starship flight. Sergio Flores | Afp | Getty ImagesSpaceX has flown the full Starship rocket system on five spaceflight tests so far since April 2023, at a steadily increasing cadence. The Starship system is designed to be fully reusable and aims to become a new method of flying cargo and people beyond Earth. Fully stacked on the Super Heavy booster, Starship stands 397 feet tall and is about 30 feet in diameter.
Persons: SpaceX's, Joe Skipper, Elon Musk's, Donald Trump, Trump, Sergio Flores, Musk Organizations: SpaceX, Boca, Reuters Starship, Afp, Getty, Federal Aviation Administration, Super Locations: Brownsville , Texas, U.S, Florida
The two-stage megarocket — which features the Starship spacecraft stacked atop the Super Heavy booster — will attempt liftoff during a 30-minute window that opens at 5 p.m. If the test flight team deems conditions are favorable for a landing attempt, booster touchdown should occur about seven minutes after launch. Joe Skipper/ReutersThe Starship spacecraft, meanwhile, will fire up its own six engines before entering a coasting phase as it soars through space. During the fourth integrated Starship test flight in early June, the spacecraft endured significant damage. “In 2025, SpaceX plans to undertake a long-duration flight test and a propellant transfer flight test,” according to a recent report from NASA’s Office of the Inspector General, or OIG.
Persons: CNN —, Sergio Flores, “ chopsticks, , , Elon Musk, SpaceX's, Joe Skipper, ” Musk, Artemis III Organizations: CNN, SpaceX, Super, Federal Aviation Administration, FAA, Getty, Starship, NASA’s Locations: Brownsville , Texas, Starbase, AFP
“He grabbed me from behind, tore my clothes apart and raped me,” Sohrab – whose name has been changed for security reasons – told CNN in October. Transgender and gender non-conforming people are being “consistently” targeted at Taliban checkpoints due to their choice of clothing, human rights groups said. “I will never forget when the Taliban came to our house,” Samiar Nazari, a 22-year-old transgender man, told CNN. Other human rights groups have documented instances of extrajudicial detention, conducted out of the public eye. With little sign that the Taliban will improve their record on human rights, many in the country feel abandoned by the international community.
Persons: Sohrab, , ” Sohrab –, , ” Sohrab, Wakil Kohsar, Roshaniya, , Neela Ghoshal, Artemis Akbary, Ghoshal, ” Samiar, ” Nazari, Akbary, Abdul, ” Abdul, David Osborn, Osborn, It’s, Sano –, Sano, ” Sano, He’s, Rosemary DiCarlo, DiCarlo, Yuki Iwamura, UNAMA Organizations: CNN, , Taliban, Taliban’s Ministry of Foreign Affairs, Afghan LGBT Organization, Getty, ” CNN, US Department of State, Facebook, Afghan, UK’s, Information Resilience, Afghan Witness, , UN, Political, Peacebuilding, United Nations Locations: Afghanistan, Czech Republic, Pul, Kabul, AFP, , ‘ Afghanistan, Iran, Turkey, Herat, Afghanistan’s, Jalalabad, Qatar
This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a "Trump-Elon trade," a nod to the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk. Just this week saw Rocket Lab up 41%, Intuitive Machines up 28%, Spire Global up 26%, Planet Labs up 16%, Redwire up 15% and AST SpaceMobile up 10%. But there's a broader market sentiment that's driving these stocks too, said Cantor Fitzgerald analyst Andres Sheppard, who has buy ratings on Rocket Lab, Redwire and Intuitive Machines. "I think there's definitely a risk-on, post-Trump-win rally that's being reflected in this industry," Sheppard told CNBC. Back out even further to take a year-to-date perspective, and this week's top-performing space stocks have broken out of a post-SPAC malaise to triple or even quadruple in 2024.
Persons: Donald Trump, Elon Musk, Andrew Chanin, Cantor Fitzgerald, Andres Sheppard, Sheppard, inbounds, We're Organizations: Trump, Elon, SpaceX, CNBC, Planet Labs Locations: U.S
Space industry experts told Business Insider that Musk's influence over Trump could help advance his business interests, including sending the first crewed mission to Mars. "I'm hugely optimistic about what's going to happen in space now," Michelle Hanlon, executive director of the Center for Air and Space Law at the University of Mississippi School of Law, told Business Insider. Hanlon's optimism isn't unfounded, especially if Trump's second term focuses on space as much as his first. AdvertisementDuring his first term, from 2017 to 2021, Trump's administration founded the Space Force, re-launched the National Space Council, and established NASA's Artemis program. A spokesperson for Trump's campaign said that Musk's ideas and efficiency will benefit federal bureaucracy but his role in Trump's administration remains under wraps.
Persons: Elon Musk, Donald Trump, Trump, , Elon Musk's, Michelle Hanlon, Musk, Volodymyr Zelenskyy, Axios, Jim Watson, Deborah Sivas, it's, Elon, Hanlon, George Nield, we've, Donald Trump’s, Anna Moneymaker, Nield, Artemis program's Organizations: Service, Trump, Center for Air, Space, University of Mississippi School of Law, Space Force, Space Council, Department of Government, Traffic Safety Administration, Federal Aviation Administration, Ukrainian, Getty, SpaceX, Environmental, Stanford, Republicans, Space Transportation, NASA, Orion Locations: Pennsylvania, Butler , Pennsylvania, Sivas
Tech billionaire Elon Musk and his business empire stand to reap massive rewards if former President Donald Trump returns to the White House. Elon Musk joins former US President Donald Trump during a campaign event in Butler, Pa., on Oct. 5, 2024. “I love Elon Musk,” Trump said at a rally in July. It’s not clear how Musk and Trump would navigate the ethical questions around a possible government role for the tech billionaire. “He would be in much less trouble in a Trump administration because Trump shares his hostility to regulation and regulators,” Richard Pierce, a law professor at George Washington University specializing in government regulation, told NBC News in an interview earlier this year.
Persons: Elon Musk, Donald Trump, Musk, Trump, Vladimir Putin, SpaceX, ” Musk, Brian Hughes, , ” Hughes, Justin Merriman, ” Trump, , walling, Kamala Harris, Harris, Biden, Larry Krasner, ” Richard Pierce, John Raoux, Angela Aneiros, ” Aneiros, Tesla, There’s, SpaceX countersued, • Tesla, ” SpaceX, Starlink, Justice Department —, Tucker Carlson, Carlson, he’s, SpaceX’s, Kamala Organizations: Tech, Trump, Musk’s, SpaceX, China —, U.S, Wall Street, NBC News, Boeing, Fox News, Bloomberg, Getty Images Trump, D.C, Trump Organization, Budget, America PAC, Philadelphia, George Washington University, Tesla, Co, Kennedy Space Center, Gonzaga University, university’s Center of Law, & Commerce, Justice Department, National, Traffic Safety Administration, Securities and Exchange Commission, Street, Justice, Employment, Commission, National Labor Relations Board, SEC, Twitter, Federal Communications Commission, Federal Aviation Administration, FAA, Safety, Health Administration, NLRB, Reuters, Defense Department, NASA, International, White, National Space Council Locations: China, United States, Taiwan, Ukraine, Washington, Trump’s, Pennsylvania, Butler, Pa, Palm Beach , Florida, Texas, California, Cape Canaveral, Fla, Los Angeles, Austin, Mars
CNN —An American-Iranian journalist who once worked for a US-funded broadcaster is believed to have been detained in Iran, according to his former employer and multiple press freedom groups. Iran has not acknowledged detaining Valizadeh and the Iranian mission to the United Nations has declined to comment on his situation. The US-based Human Rights Activists News Agency, which focuses on Iran, also believes Valizadeh is being held in Evin. Iran has a long history of using dual nationals as bargaining chips in its troubled relationship with the West. It is currently marking the 25th anniversary of the 1979 Iran hostage crisis, in which 52 US citizens were held captive for 444 days.
Persons: Reza Valizadeh, Valizadeh, Ayatollah Ali Khamenei, , Yeganeh Rezaian, Organizations: CNN, Radio Farda, Free, Radio Liberty, RFE, United Nations, US State Department, Farda, Islamic Revolutionary Guard Corps, Intelligence Organization, Protect Journalists, Rights, News Agency, Department of State’s, State Department, US Locations: American, Iranian, Iran, Tehran, Free Europe, Switzerland, United States, Israel, New York, Iran’s, Evin, East, North Africa
The billionaire has been less prominent in the election than Elon Musk — but still has much at stake. Bezos's Blue Origin is working with NASA and the Pentagon as it plays catch-up with Musk's SpaceX. Executives from Bezos' rocket company Blue Origin, including CEO Dave Limp, spoke with Donald Trump on Friday, The Associated Press reported. Like all private space companies, Blue Origin relies heavily on federal contracts and is competing with SpaceX for government and military projects. Blue Origin did not respond to a request for comment from Business Insider.
Persons: Jeff Bezos's, Elon Musk, , Jeff Bezos, Dave Limp, Donald Trump, Kamala Harris, William Lewis, Bezos, Lewis, Robert Kagan, Michele Norris, Marty Baron, Baron, Elon, Artemis, it's, SpaceX's, Trump Organizations: Washington Post, NASA, Pentagon, Musk's SpaceX, Service, Bezos, Associated Press, New York Times, Trump, SpaceX, Republican, PAC, Business, Bloomberg, White, Twitter, United States Post, United States Postal Service, Web Services, of Defense, Microsoft Locations: Washington, The Texas, Amazon
When I went down, they put me inside a tank and began interrogating me about my statements and contact with the media,” Abu Safiya recounted. Israeli forces cut off the hospital’s electricity and solar power supply and prevented staff from accessing the water well, he said. Two children on ventilators died after the Israeli military blew up the hospital’s oxygen supply, Abu Safiya said. Three members of the hospital’s nursing staff were injured by sniper fire with facial, neck and chest injuries. “The situation is extremely tragic and terrifying, and the bombing is continuous,” Abu Safiya said,.
Persons: Kamal Adwan, Hussam Abu Safiya, ” Abu Safiya, Abu Safiya, , ventilators, Tedros Adhanom Ghebreyesus Organizations: Kamal Adwan Hospital, CNN, Gaza Ministry of Health, United Nations, World Health Organization, WHO Locations: Gaza
CNN —Investigators looking into the death of singer Liam Payne said they are not yet ready to release his body to his family, pending further toxicology reports, according to a statement from prosecutors in Buenos Aires, Argentina. Geoff Payne, father of the former One Direction singer, arrived in Buenos Aires on Friday. The circumstances surrounding the former One Direction star’s fatal fall from a third floor balcony at CasaSur Palermo Hotel in Buenos Aires last week remain under investigation by authorities. “Everything indicates that the musician was alone when the fall occurred,” the public prosecutor’s office in Argentina said Thursday. Payne’s father, Geoff Payne, traveled to Buenos Aires on Friday, visiting the hotel where his son died.
Persons: Liam Payne, Geoff Payne, , , Payne, – Harry Styles, Niall Horan, Louis Tomlinson, Zayn Malik –, Marcelo Roma, Bear, Cheryl Cole Organizations: CNN, Prosecutor’s Office, Public Prosecutor’s Office, Associated Press, Todo Noticias Locations: Buenos Aires, Argentina, Payne’s
CNN —A mile and a half beneath the ocean’s surface, the seafloor seems nearly as alien as the surfaces of other planets. These hydrothermal vents belch warm towers of elements that draw clusters of animal life, such as tube worms. There, animals develop symbiotic relationships with bacteria that use chemical reactions to produce sugars necessary for life beyond the reach of sunlight. Mónika Naranjo-Shepherd/Schmidt Ocean InstitueThe arms of an underwater robot helped uncover communities of giant tube worms and snails living in volcanic caves beneath warm vents in the Pacific Ocean. The finding suggests unique ecosystems on the seafloor and within the subseafloor are connected, allowing life to thrive above and below the ocean bed.
Persons: Mónika Naranjo, Shepherd, , Sabine Gollner, you’ve, Artemis, Charlie Duke, Arthropleura, Ashley Strickland, Katie Hunt Organizations: CNN, Royal Netherlands Institute for Sea Research, Scientists, SpaceX, Boca, Massachusetts Institute of Technology, NASA, Clipper, Kennedy Space Center, Yale University, CNN Space, Science Locations: Boca Chica , Texas, centipedes, Europa, Florida
Milan CNN —Luxury fashion house Prada and commercial space company Axiom Space have unveiled the designs for a spacesuit that will be worn for NASA’s Artemis III moon mission. “This is a groundbreaking partnership,” said Russel Ralston, executive vice president of Axiom Space, during the press conference. “We’re blending engineering, science and art.”The spacesuit will be used for NASA’s Artemis III mission, planned for 2026. Prada & Axiom SpaceThe slick looking suits include a range of innovative features. Prada & Axiom SpaceCurrently scheduled for the second half of 2026, NASA’s Artemis III mission plans to be the first astronaut moon landing since Apollo 17 in 1972.
Persons: Milan, Artemis, , Russel Ralston, Lorenzo Bertelli, ” Bertelli, , it’ll Organizations: Milan CNN, International Astronautical, Linea, Prada, Mobility, Prada Group Locations: Milan, Houston
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeficient Chinese consumer confidence seen in weaker LVMH results, says analystSwetha Ramachandran, global equities fund manager at Artemis Fund Managers, discusses current consumer trends in China, and explains why luxury goods companies are seeing a slump in sales.
Persons: Swetha Ramachandran Organizations: Artemis Fund Locations: China
Axiom Space unveiled a Prada-designed spacesuit on Wednesday at the International Astronautical Congress in Milan, where Prada is headquartered. The Prada spacesuit is designed to withstand extreme temperatures. Russell Ralston, executive vice president of extravehicular activity at Axiom Space, told Business Insider that the "critical design review" stage will begin in 2025. Advertisement"Once the AxEMU spacesuit is through NASA's CDR and qualification testing, the spacesuit will be ready for the Artemis III mission," he said in a statement. Artemis III will follow NASA's Artemis II, which is scheduled to launch no earlier than September 2025.
Persons: Artemis, , Michael Suffredini, Matt Ondler, it's, Russell Ralston, Prada, Artemis III Organizations: Prada, Service, International Astronautical, NASA, Extravehicular, Mercury, Space, Business Locations: Milan, Houston
SpaceX made history as it returned its Super Heavy booster to its launch site in Texas. For Elon Musk, it was a chance to prove the doubters wrong — and he did. SpaceX Starship. Related storiesAnd Musk earned online applause from legions of Starship fans, including Google CEO Sundar Pichai. Wall Street analysts attributed the decline partly to skepticism over Tesla's ability to deliver fully autonomous driving.
Persons: Elon Musk, , SpaceX's, Musk, SERGIO FLORES, Dan Huot, Sundar Pichai, Tesla, Gretchen Newsom, Lex Fridman, Artemis, Peter Thiel Organizations: SpaceX, Super, Service, AFP, Getty, National Press Club, Google, Twitter, eventual, Wall Street, Warner Bros Studios, California Coastal Commission, Federal Emergency Management, Elon Locations: Texas, California
That includes researchers at the Massachusetts Institute of Technology (MIT), who are developing a set of wearable robotic limbs to help astronauts recover from falls. When the wearer falls over, an extra pair of limbs can extend out to provide leverage to help them stand, conserving energy for other tasks. The study found that falls were more common when, like Duke, astronauts were collecting samples or using tools – tasks that Artemis astronauts are likely to undertake. Kim Shiflett/NASA NASA astronaut Eric Boe wears Boeing's new spacesuit designed for astronauts who will fly on the CST-100 Starliner. Ballesteros plans to spend the next few years of his PhD using a “Swiss Army Knife technique” to turn SuperLimbs into a system for astronauts that can “address different important use cases, but all be one unified design.”SuperLimbs could help astronauts recover from falls, move efficiently, and do work.
Persons: haven’t, Artemis, Charlie Duke, Duke, Walter M, Schirra Jr, Donald K, Slayton, John H, Glenn Jr, Scott Carpenter, Alan B, Shepard Jr, Virgil I, Grissom, Gordon Cooper Jr, John W, Michael Collins, Edwin E, Aldrin Jr, Buzz Aldrin, Neil A, Armstrong, Aldrin, Joe Engle, Richard Truly, John Young, Bruce McCandless, McCandless, Robert L, Stewart, Michael J, McCulley, Franklin R, Chang, Diaz, Ellen S, Baker, Shannon W, Donald E, Williams, Michael Fincke, Yury Lonchakov, Kennedy, Center's Neil A, Jessica Watkins, Bob Hines, Kjell Lindgren, Samantha Cristoforetti, Kim Shiflett, Eric Boe, Boeing Dustin Gohmert, NASA's, Joel Kowsky, NASA Kristine Davis, SuperLimbs, Harry Asada, Erik Ballesteros, Ballesteros, it’ll, , Jonathan Clark, ” Ballesteros, Ana Diaz Artiles, Kalind Carpenter, Preston Rogers, Mirza Samnani Organizations: CNN, Massachusetts Institute of Technology, MIT, University of Michigan, National Aeronautics and Space Administration, NASA, Mercury, Command, NASA Space Shuttle, Challenger, NASA's, NASA NASA, Russian Sokol, International Space, SpaceX, Armstrong Operations, Boeing, Orion, Space, Space Center, Extravehicular Mobility, UPI, Jet Propulsion, SuperLimbs, Neurology, Space Medicine, Baylor College of Medicine, Texas, Swiss Locations: Tranquility, Russian, Washington ,, Washington, Japan, Mars . China
SpaceX launched its fifth test flight of its Starship rocket on Sunday and made a dramatic first catch of the rocket's more than 20-story tall booster. The Super Heavy booster lands on the company's launch tower during the fifth Starship flight on Oct. 13, 2024. There are not any people on board the fifth Starship flight. The SpaceX Starship sits on a launch pad at Starbase near Boca Chica, Texas, on October 12, 2024, ahead of the Starship Flight 5 test. Chandan Khanna | AFP | Getty ImagesWith the booster catch, SpaceX has surpassed the fourth test flight's milestones.
Persons: Elon, Dan Huot, Huot, Sergio Flores, we've, Chandan Khanna Organizations: SpaceX, Elon Musk's, Super, Federal Aviation Administration, Afp, Getty, FAA, U.S . Fish, Wildlife Service, Commerce, National Marine Fisheries Service, AFP Locations: Brownsville , Texas, Gulf of Mexico, Boca Chica , Texas, U.S, Texas, Starbase
The inaugural test launch of a Starship and Super Heavy — called an integrated test flight — took off in April 2023. The last test launch — the fourth of SpaceX’s integrated test flight campaign — took off in June. The concept animation above simulates how a successful catch of the Super Heavy rocket by Mechazilla could play out. On the fifth test flight, the upper Starship spacecraft will once again attempt to land upright in a controlled maneuver over the ocean. For example, SpaceX must figure out how to refuel a Starship spacecraft while it’s stationed in orbit.
Persons: “ chopsticks, Artemis, , Elon Musk, it’s, Mechazilla, Musk, ” “ We’re, , ” Musk Organizations: CNN, SpaceX, NASA, Super, YouTube Locations: Boca Chica , Texas, of Mexico, terra firma
CNN —Federal regulators granted SpaceX its long-awaited license to move forward with a fifth uncrewed test launch of Starship, the most powerful rocket system ever constructed. The FAA had been expected to hand down a license for this test launch weeks ago. SpaceX has also publicly denied reports that the company violated wastewater regulations with the deluge system, which SpaceX says uses potable water. Notably, the company launched a 2020 test flight of a prototype rocket, called Starship SN8, without obtaining prior approval from the FAA for a public safety waiver. At one point in 2023, for example, he said that he did not blame the FAA for holding up Starship launches.
Persons: , Artemis, Elon Musk, , Mike Whitaker, Whitaker, SpaceX’s, ” Whitaker, Patrick T, Fallon, SpaceX, didn’t, Biden, Donald Trump —, Whitaker “, ” Musk, Jose Luis Magana, Kevin Kiley, they’re Organizations: CNN, SpaceX, US Federal Aviation Administration, NASA, FAA, , Super, Getty, Texas Commission, Environmental, Environmental Protection Agency, Committee, Transportation, Aviation, US, Infrastructure, Republican Locations: Boca Chica , Texas, Texas, AFP, California
Hurricane Milton may cause major losses for catastrophe bond investors. AdvertisementThe back-to-back barrage of Hurricanes Helene and Milton could trigger big losses for investors in catastrophe bonds. However, on the other hand, a strong hurricane can trigger various clauses within catastrophe bonds, resulting in big losses for investors. AdvertisementHowever, according to RBC, higher reinsurance rates implemented following Hurricane Ian could soften the blow for cat bond investors, depending on the severity of Hurricane Milton. The potential for massive damage caused by Hurricane Milton, which is considered to be a once-in-a-generation event, is also dragging down global reinsurer stocks.
Persons: Milton, , Hurricanes Helene, Hurricane Ian, Hurricane Milton, Helene, Hurricane Organizations: Service, Hurricanes, Investors, Swiss Re, Hurricane, Jefferies, RBC, Cat, Swiss Locations: Florida, Hurricane, Artemis, Hurricane Milton, North Carolina, Munich
Israelis take cover as projectiles launched from Iran are being intercepted in the skies over in Rosh HaAyin, Israel, on October 1, 2024. The Pentagon said the attack on Tuesday was twice as large as Iran’s last barrage against Israel in April. Tehran said the barrage was a response to the killing of Hezbollah leader Hassan Nasrallah and others. It opted for a limited response back in April following pleas by the US and other allies to exercise restraint. But the words used by Israeli officials on Tuesday suggests the reaction might be more forceful this time.
Persons: Maya Alleruzzo, Benjamin Netanyahu, , Yemen —, Hassan Nasrallah, Israel, Daniel Hagari, ” Hagari, Israel didn’t, , CNN’s Nic Robertson Organizations: Israel, Pentagon, Israel Defense Forces Locations: Iran, Rosh HaAyin, Israel, Tehran, Gaza, Hezbollah, Lebanon, Yemen, Syria
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